Hello, guys, in this technical analysis, I want to show you why gold is now to drop the price. There are a many factor of the economy that US Economy it's open up the doors.
In the weekly, Gold is finish up the elliot wave, and now, we can to see a possibel change trend in weekly. And also, RSI and MACD are weak.
In daily, we have the same situation of Gold, is weak the trend and forceto continue up.
And this timeframe, H4 se can to see a possible pull back in Gold to make a short at the price of $1,693 USD.
So, in the H1 timeframe, we can to see a possible long it until the $1,693 USD to put in long postion until this price to earn.
In the weekly, Gold is finish up the elliot wave, and now, we can to see a possibel change trend in weekly. And also, RSI and MACD are weak.
In daily, we have the same situation of Gold, is weak the trend and forceto continue up.
And this timeframe, H4 se can to see a possible pull back in Gold to make a short at the price of $1,693 USD.
So, in the H1 timeframe, we can to see a possible long it until the $1,693 USD to put in long postion until this price to earn.
Trade closed manually
At the moment, I pick up my earn in Gold so, I pick up $5 USD, so, because now Gold is open up in Sunday, so the only for this weekend I keep my position in Bitcoin in short.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.